Regulators fall behind on implementing Obama Policies. The only problem with this article is that it misses the fact that nobody’s bothered enforcing the rule of securities law, anti-trust law or even simple Constitutional rights law for the last five to ten years. Wake me when we finally see a CEO and other executives from the so-called TBTF banks are publicly perp-walked. Want confidence? Enforce the law on the land. Pretty easy, really.

US Treasury official praises mortgage servicers. Like I said, wake me when somebody in the Treasury is actually interested in enforcing the rule of law….the big servicers like Wells Fargo, JPM and Bank of America have been fraudulent in issuing mortgages, packaging mortgages and now, foreclosing on mortgages. They don’t deserve praise for almost starting to try to pretend they aren’t perpetrating fraud on the courts. They deserve criminal prosecution.

The vindication of Dick Cheney This paragraph nails it — there is no longer ANY difference between the economic/military/fiscal/social policies in the Republican/Democrat Regime: “You’ve got state secrets, targeted killings, indefinite detention, renditions, the opposition to extending the right of habeas corpus to prisoners at Bagram [in Afghanistan],” Mr. Hayden said, listing the continuities. “And although it is slightly different, Obama has been as aggressive as President Bush in defending prerogatives about who he has to inform in Congress for executive covert action.” Not to mention that apparently Democrats and Republicans are explicitly in favor of bailouts for rich bankers and endless corporate welfare….what they like to call “business friendly”. What a lie. What a travesty.

Solar firms frustrated by permits. Here’s an idea….let’s streamline the permit process but let’s stop ALL targeted tax tricks for alternative energy companies and the people rich enough to invest in alternative energy solar panels and battery cars. No reason a blue collar worker making $45,000 a year should have to subsidize people spending $45,000 a pop on solar panels for their houses, and the biggest reason there are so many permits required to solarize your house is largely because the rich house owner needs to make sure they’re qualifying for all the welfare they’re supposed to get for going solar. These subsidies are wearing thin in today’s broke governments. Short the companies depending on alternative energy welfare.

States weigh cuts in subsidies for Hollywood. Speaking of upward redistribution redistribution to the ownership class, maybe some of these broken states are finally going to be forced to stop giving welfare checks to movie production companies. I’ve long pointed out that California could more than fix their multi-billion dollar budget crunch if they’d simply stop all forms of corporate welfare and targeted tax tricks for businesses and homeowners. The government spends tens of billions a year enabling businesses to skirt on their taxes while the rest of the state is forced to pay up and is now being asked to suffer cuts in services and in welfare for the poor. What’s so hard about STOPPING ALL WEALTH REDISTRIBUTION TO BUSINESS OWNERS AND INVESTORS? I thought you conservatives are supposed to be against coercive wealth redistribution of all kinds. And I thought you liberals are supposed to be against taking from the poor to help the rich. Freedom, anybody? Constitution, anybody? Just asking.

About The Cody Word

Cody Willard writes the Revolution Investing investment newsletter for MarketWatch and posts the trades from his personal account at TradingWithCody.com He is the founder of WallStreetAll-Stars.com and the principal of CL Willard Capital. Cody serves as an adjunct professor at Seton Hall University and is on the University of New Mexico Alumni Board. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. Cody, a former hedge fund manager, and his stock picks and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.